by Olivya Veazey | Apr 9, 2025 | Inflation, Personal Income
Despite relatively strong income growth, American consumers are still reluctant to spend as they wait to see the full impact of cuts to federal programs, tariffs, and long-lingering inflation. Consumer spending increased 0.4% in February, a rebound from January’s 0.2%...
by Olivya Veazey | Apr 2, 2025 | Featured, Personal Income
When Malick completed his first day of work in the U.S. demolishing a house, he immediately took all the cash he had been paid and sent it to his mother, father, children, and other family members in rural Mauritania and in Senegal. Malick, 39, was part of a group of...
by Olivya Veazey | Mar 3, 2025 | Featured, Personal Income
NEW YORK — Amid mounting fears about confidence in the economy, new data on household spending presents a grim reality: consumer spending dipped in January, suggesting that uncertainty is translating into tighter purse strings. Households decreased spending by 0.2...
by Anastasia Tomkin | Apr 26, 2024 | Personal Income
Economists aren’t the only ones anticipating tomorrow’s Personal Income Expenditure Report. The hopes of investors and everyday people are hinging on a continued slow and steady progression of income across America. Disposable personal income increased .2% last month...
by Anastasia Tomkin | Apr 18, 2024 | Personal Income, Uncategorized
This past month, American consumers increased their spending at the fastest rate since January 2023.Consumer spending rose 0.8% in February, the Bureau of Economic Analysis said Friday. Personal incomes rose at a monthly rate of .3%, which may have given consumers the...
by Anastasia Tomkin | Apr 1, 2024 | Featured, Housing, Personal Income, Uncategorized
Jay, a tech executive from Virginia Beach, had simple criteria for where he wanted to live: somewhere with a solid tech presence, decent weather and spacious, reasonably-priced housing. He was stunned by the high cost of homes in places like Seattle and San Francisco....
